Under California’s proposed tax rules, companies that make over $10 million in taxable income in the state would be liable for higher tax rates based on the pay disparity between the company’s regular employees and its CEO. A California bill that would increase taxes on companies proportional to the pay gap between the CEO and employees has passed its first committee hearing on Wednesday, meaning it will go to the California Senate for a vote on January 31, reports Fox Business.Read Full Story

Topics:  a california   california senate   january   fox   business   read full story   california s   ceo   pay gap   tax   companies   employees   

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News